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Nov 16, 2012
11/12
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 17, 2012
11/12
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why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to the fact that they are fearing this fiscal cliff. >> he must have known that this 1.6 trillion is a far more realistic number in the objectives. why didn't he mention >>> president obama will nominate susan rice as secretary of state. >> nope, he will back down. >> he won't back down. >> he will back down and not nominate her. >> he will
why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. ♪ here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 12, 2012
11/12
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boehner seemed to be saying i am going to close loopholes and use the revenue. not just growth, but use the re-knew from closing the loopholes to cut the deficit. are you accepting that or not? >> i think that is the formul formula. that is the way we reach agreement. you can close the loophole -- >> chris: it's not the growth. taking the money, tax expenditures through the loopholes and giving, using it as a deficit savings. >> as long as you close the loopholes and limit the deduction, limit credits. formula for a solution. >> real solution. >> chris: senator corker, you have a draft plan you have been circulating to a number of members in the senate. is there a deal here? >> i think there is a deal. the ying and yang of this is we know there has to be revenues. look, i haven't met a wealthy republican or democrat in tennessee that is not willing to contribute more. as long as they know we the problem. the ying of revenue, we understand. i think there is a very good pro-growth way of putting that place, so you are getting revenues from people like me and other
boehner seemed to be saying i am going to close loopholes and use the revenue. not just growth, but use the re-knew from closing the loopholes to cut the deficit. are you accepting that or not? >> i think that is the formul formula. that is the way we reach agreement. you can close the loophole -- >> chris: it's not the growth. taking the money, tax expenditures through the loopholes and giving, using it as a deficit savings. >> as long as you close the loopholes and limit the...
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Nov 17, 2012
11/12
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they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you cannot tax your way out of this debt, you cannot slash expenses and get out of this in debt. you have got to do both. >> somewhat gradually. >> the president seems to be offering a two-for-one deal -- for every $1 of tax increase, he will cut expenses by $2. simpson-bowles wanted a one-to-3 ratio. the republicans want zero. >> but they have the business community that does not want us to go for the cliff -- >> if you use a different language, are there republicans amenable to an increase in taxes -- >> use the word "revenue." >> nancy pelosi took the position, a good negotiating position, that it ought to be $1 million to hundred $50
they are the ones doing the public posturing for him. >> i think also that john boehner does not have a strong hand. he has got a caucus that has dug in its heels on any kind of compromise. i saw this picture of john boehner, this cartoon character, holding a football and saying to president obama "trust me." >> there was an election on november 6 and the democrats did not do that badly. who is here? >> everybody has got to give. >> it really is true. you...
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Nov 17, 2012
11/12
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boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people with sort of the seeing this game of chicken being played at such a high stakes time. i think there is certainly, after this election, there is kind of a let's get down to business. let's see if we can get this thing done. whether that can translate -- david just said, the biggest sticking point, taxes on the wealthy is still on the table. you can sing happy birthday to john boehner as much as you want. gwen: he would still say no. >> absolutely. i think it's really premature to try to predict what is going to ha
boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people...
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Nov 18, 2012
11/12
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. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get rid you have got to do both. >> someone gradually. >> president seems to be offering a two-for-one deal, for every $1 of tax increase, he will cut taxes by two dollars. simpson-bowles wanted a one-to-3 ratio. publicans 10. -- republicans want zero. >> business community does not want us to go over the cliff. >> what the republicans amenable to increases in taxes -- >> use the word "revenue." >> you had nancy pelosi taking the position -- $1 million, not $250,000. john mccain has suggested make it $500,000. that is where the movement is going to come, with that number. >> is there a deal in the works behi
. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get...
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Nov 12, 2012
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speaker boehner was asked this week whether the republican drive to kill obamacare, is dead. here's what he said: >> it is pretty clear the president was reelected. obamacare is the law of the land. >> chris: question: do most house republicans, do you agree with speaker boehner, repeal of obamacare with this election, with his re-election, is dead? >> no. as a physician i can tell you that the reason -- we're not opposed to the president's health care law because of the election, we're opposed because it is bad policy and bad for the patients across this land. we actually must get a handle on this spending in this country and in order to do that, it has to be through medicare and medicaid reform an social security reform, all three programs under current law are destined for fewer. we need fundamental reforms to save and strengthen and secure the programs for this generation and, future generations, that is what really -- >> the election, yes, you still have the majority in the house but you lost the election on the presidential level, and you will not kill obamacare for the
speaker boehner was asked this week whether the republican drive to kill obamacare, is dead. here's what he said: >> it is pretty clear the president was reelected. obamacare is the law of the land. >> chris: question: do most house republicans, do you agree with speaker boehner, repeal of obamacare with this election, with his re-election, is dead? >> no. as a physician i can tell you that the reason -- we're not opposed to the president's health care law because of the...
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Nov 16, 2012
11/12
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i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or things they may not like that comes out of these negotiations? >> reporter: well, i think it's both. i think it's that he's trying to prepare some on the left for concessions. he's trying to build up really his strength to be able to put pressure on republicans to come to the table with him over taxes. president obama meeting with with union leaders early this week, also business leaders, so he's really trying to form a broad consensus, i think, to put pressure on republicans and democrats to get something done, to actually get something accomplished before that january 1st deadline. tam
i want to say, tamron, that it was house speaker john boehner's birthday. president obama gave him a bottle of wine. >> kristen, you spoimed it. we were going to show that later. rats. really, kristen welker? >> caller: so, sorry. >> i have something else to ask you about. i'm just giving you grief. the civic meeting is taking place, the reverend al, the national action network, and he's meeting with civic leaders. is he prepares some on the letter r left for concessions or...
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Nov 12, 2012
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if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very hurtf artful way in which many people heard differently. >> are you willing to accept more revenue if it doesn't mean the bush tax cut has to be rescinded for the wealthy and rises from 35 to 39 percent. if they make the matt work. >> the issue is the math. the starting point should be going back to clinton era rates. then proceeding with tax reform as the speaker may have been talking about if he was generally talking about eliminating revenues to eliminating loopholes. >> let's right now extend the bush tax cut rates for the 98 percent of the people making less than 250,000 dollars. he says i will sign it
if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out still on the -- let me be clear. the tone was good. i think the jury is out on what he said. others may have to clarify. but he said something in a very...
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>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept him from getting there, but i see a different kind of resolve and obviously, martin, for the interests of the country we hope that they don't lead us off this cliff that, as you point out, is artificially created by them, and so there's -- i think there's great hope that we can get this accomplished and set up the framework for the next session. >> okay. well, i want to play something for you of that encapsulates the outlook of some republicans. listen to this. >> i mean, it's a proven political strategy, which is give a bunch of money from the government to a
>> well, i think speaker boehner has struck the right tone. clearly both from election -- the day after the election and including today we had the opportunity to meet with leader pelosi afterwards who was very encouraging about the meeting that took place in the white house, and i think boehner has always been, who is an institutionalist, has always cared deeply about this and would have struck the right deal. it's always been that element within the republican conference that has kept...
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Nov 18, 2012
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. >> chris: president obama and speaker boehner sounding up beat friday about prospects for cutting a deal to avoid the fiscal cliff and we're back now with the panel. so, after the president and congressional leaders met at the white house, on friday, the rhetoric was reassuring, the question is, is it real? do you get any sense, bob and this is the subject of your new book, that they really do see, are beginning to see a path to a compromise or are they trying to reassure nervous consumers before the christmas holidays and, investors because the stock market is done a thousand points. >> everyone is nervous about this. this is the last chance and the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood but the way they'll solve this, is kind of hostage exchange, in other words, the republicans are determined not to let tax rates go up and the president is determined or is determined to get more revenue and, it is possible to do this and the president is going along, it seems, with it some idea of entitlement reform, that
. >> chris: president obama and speaker boehner sounding up beat friday about prospects for cutting a deal to avoid the fiscal cliff and we're back now with the panel. so, after the president and congressional leaders met at the white house, on friday, the rhetoric was reassuring, the question is, is it real? do you get any sense, bob and this is the subject of your new book, that they really do see, are beginning to see a path to a compromise or are they trying to reassure nervous...
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Nov 18, 2012
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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Nov 14, 2012
11/12
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that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today, extremely interesting when president obama was asked about comments from his former opponent, john mccain, who made some nasty comments about susan rice, the united states ambassador to the u.n. and she may well be the head of the state department soon. here's the president responding in a very personal way. i thought this was really a moment here. >> let me say specifically about susan rice. she has done exemlary work. she has represented the united states and united nations with skill and professionalism and toughness and great.
that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today,...
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Nov 15, 2012
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. >> reporter: but john boehner has balked at that idea. it would take away his party's leverage in fiscal cliff issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of raising their tax rates. >> we're not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't do enough to cut the deficit. they will have that argument face to face with boehner on friday. >> one of the most frequent criticisms we've heard over the past few years from members on both sides is that you haven't done enough to reach out and build relationships. are there concrete ways that you plan to approach your relationships with congress in the se
. >> reporter: but john boehner has balked at that idea. it would take away his party's leverage in fiscal cliff issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of...
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Nov 13, 2012
11/12
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look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so, the real question is, whether he's able to go back to that tea party link and say what armstrong just said, work with the president, some degree on compromise on taxes and raising revenues. i think it's an open question whether he can do that and whether he can succeed in doing that. >> gentlemen, thanks so much. i appreciate your time today. >>> stick around. up next, i got actor and activist ally sheedy waiting in the wings. she'll be with me in a second. >>> welcome back. tens of thousands are still in the dark after hurricane sandy. power crews in new york and new j
look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so,...
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Nov 17, 2012
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. >> during that meeting the president sat between house speaker john boehner and senate majority leader harry reid calling for cooperation and compromise. >> we've got to make sure that taxes don't go up on middle-class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republicans and independents, people all across the country, share. so, our challenge is to make sure that, you know, we are able to cooperate together, work together. >> joining me now for more, congressional reporter for "the washington post" ed o'keefe and national journal correspondent nancy cook. good morning both of you. last time we saw those three together, sort of a kumbayah moment when you have reid and boehner and mcconnell together. did you get a sense, ed, putting revenue on the table meant republicans were open to tax hikes for those makes $250,000 or more? >> no, they're not. they still say they don't want to see that increase. by talking about revenues the idea is you close loopholes, find a way to perhaps limit deductions and create revenue that w
. >> during that meeting the president sat between house speaker john boehner and senate majority leader harry reid calling for cooperation and compromise. >> we've got to make sure that taxes don't go up on middle-class families, that our economy remains strong, that we're creating jobs, and that's an agenda that democrats and republicans and independents, people all across the country, share. so, our challenge is to make sure that, you know, we are able to cooperate together, work...
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Nov 15, 2012
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speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion to avoid the so-called fiscal cliff. the president is having leaders in both parties here at the white house on friday. that's when they should start hashing all this
speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of...
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Nov 15, 2012
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so they look ahead, they see 2010 and think if taxes do go up for the middle class, it will be john boehner, and the republicans to take the blame. >> well, that may be but who is it going to play that kind of bluffing game with the debt ceiling because that's when you really risk tremendous market reactions and peril. i know you talked about david petraeus, and the whole foreign policy issue last night on charlie, martha, but do you-- t me ask you again, do you take seriously the notion that john kerry could be defense secretary? >> i think that was a trial balloon. >> you do? >> i 19, clearly both of those stories were trial balloons. president obama, obviously, took it a little further, quite a bit further today talking about susan rice. it was no longer a trial balloon. but i think john kerry-- you know, is that a consolation prize? i think he's probably always wanted to be secretary of state. i'm not sure how that would go over at the pentagon. i mean, when you talk abo someon goi into-- as secretary of state, who maybe doesn't have the experience that some people want. i think on the
so they look ahead, they see 2010 and think if taxes do go up for the middle class, it will be john boehner, and the republicans to take the blame. >> well, that may be but who is it going to play that kind of bluffing game with the debt ceiling because that's when you really risk tremendous market reactions and peril. i know you talked about david petraeus, and the whole foreign policy issue last night on charlie, martha, but do you-- t me ask you again, do you take seriously the notion...
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Nov 18, 2012
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. >> did anything that speaker boehner said make you optimistic? was it just that urgency that you're talking about? >> well, it's the urgency, but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and, most importantly, the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you said afterwards there would be these milestones of success. how will that work? what are the goals? are there interim goals? >> well, my suggestion was that we at some point, not necessarily today, decide on what our goal is in terms of the amount of deficit reduction that we can achieve, some date by which we'd like to do it, the middle of december so this doesn't take us up to christmas, some milestones along the way so progress can be demonstrated we're moving in a forward direction. >> i spoke to senator michael bennet of colorado earlier this week. he said this reall
. >> did anything that speaker boehner said make you optimistic? was it just that urgency that you're talking about? >> well, it's the urgency, but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and, most importantly, the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >>...
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Nov 16, 2012
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boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment because i've watched him for years, too. my friend have sisters in college, and i guess he's really popular in dorms. >> stephanie: he's dreamy. >> caller: in dorm rooms. people have pictures of him in their dorm rooms. >> stephanie: really? i can't wait to tease him about that. >> caller: politics, i'm just a housewife, and i hear stories about college but we're not there. >> stephanie: he's like a political geek liker beat. >> like shawn cassidy of the political world. >> caller: they were talking about religion on the last sh
boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment...
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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...